LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Gove calls for EPC deadline reprieve to give landlords a break – LandlordZONE

Mark Helprin by Mark Helprin
July 24, 2023
in Real Estate
Gove calls for EPC deadline reprieve to give landlords a break – LandlordZONE
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet

What is currently happening in the UK property market? – London Wallet

The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet

Housing Secretary Michael Gove has suggested a delay in bringing in energy efficiency plans for the private renter sector.

Citing financial pressures on landlords, he told The Telegraph that the government should relax the pace of changes to EPC targets which is expected to see them forced to obtain a C grade for their properties by 2028. This could include spending thousands on fitting a heat pump, insulation or solar panels, with a national cap of £10,000.

Relax pace

“My own strong view is that we’re asking too much too quickly,” said Gove. “We do want to move towards greater energy efficiency, but just at this point, when landlords face so much, I think that we should relax the pace that’s been set for people in the private rented sector, particularly because many of them are currently facing a big capital outlay in order to improve that efficiency.”

Ben Beadle, NRLA chief executive, says there was never any hope of meeting the originally proposed deadlines, which it told the Minister earlier this month.

Needs certainty

“The NRLA wants to see properties as energy efficient as possible, but the sector needs certainty about how and when this will happen,” he adds. “Ministers need to develop a proper plan that includes a fair financial package to support improvements in the private rented sector. We will continue to work with all parties to develop pragmatic and workable proposals.”

A rethink could be timely as new research by Green Building Renewables reveals that 63% of landlords plan to sell properties rather than improve them to meet new EPC targets, leading to a shortage of rental properties.

In June, Energy Minister Andrew Bowie admitted that landlords would have to wait many more months to find out the details of government proposals to raise the minimum Energy Performance Certificate for rented properties.

Subscribe here for the latest landlord news and receive tips from industry experts:



Source link

Share30Tweet19
Previous Post

Worldcoin launches token to distinguish humans from bots

Next Post

Tesla sees downgrade but price target increase at UBS

Mark Helprin

Mark Helprin

Recommended For You

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet
Real Estate

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet

October 10, 2025
What is currently happening in the UK property market? – London Wallet
Real Estate

What is currently happening in the UK property market? – London Wallet

October 10, 2025
The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet
Real Estate

The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet

October 10, 2025
Tories pledge reform of Welsh version of stamp duty – London Wallet
Real Estate

Tories pledge reform of Welsh version of stamp duty – London Wallet

October 10, 2025
Next Post
Tesla sees downgrade but price target increase at UBS

Tesla sees downgrade but price target increase at UBS

Related News

Hackers got away with 0M in 28 exploits in Q3: Report

Hackers got away with $440M in 28 exploits in Q3: Report

October 4, 2024
Driving airport travel forward – How 1ST Airport Taxis is reshaping UK transfers – London Business News | London Wallet

Driving airport travel forward – How 1ST Airport Taxis is reshaping UK transfers – London Business News | London Wallet

July 1, 2025
More than 50 people arrested at protests supporting banned Palestine Action

More than 50 people arrested at protests supporting banned Palestine Action

July 12, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?